Modulr

Modulr, founded in 2015 and headquartered in London, United Kingdom, is a payments automation platform that helps businesses replace manual and batch-based payment processes with embedded, API-driven payment flows.

The platform offers multi-currency accounts, virtual and physical card issuance, and payment rails for payroll, accounts payable, spend management, and collections, with instant, scheduled, and recurring payment options plus accounting-software integrations. It serves more than 6,000 businesses across accounting, lending, travel, and merchant payment sectors, processing over 200 million transactions a year.

1. Multi-Currency Accounts: Hold and manage funds across multiple currencies from a single platform.

2. Card Issuing: Issue virtual and physical cards for employee and vendor spend control.

3. Payroll Automation: Run payroll payment runs directly through the platform's API.

4. Accounts Payable: Automate vendor payments with scheduled and bulk disbursements.

5. Collections: Collect recurring and one-off payments from customers automatically.

6. Accounting Integrations: Sync payment data with accounting software for reconciliation.